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Updates to draft payment fraud rules to be discussed by EU countries

By Helena Freitas ( March 18, 2025, 12:21 GMT | Insight) -- Default spending limits and “cooling off periods,” mandatory fraud data sharing and improvements to a platform dedicated to tackling payments fraud are among changes to an overhaul of EU payment rules proposed by Polish officials, according to a document to be discussed by EU member states tomorrow. The suggested changes are part of efforts aimed at getting a consensus position to negotiate a final version of new payments services rules with lawmakers.Default spending limits and “cooling off periods,” mandatory fraud data sharing and improvements to a platform dedicated to tackling payments fraud are among changes to an overhaul of EU payment rules proposed by Polish officials, according to a document to be discussed by national governments tomorrow....

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